The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use, even for those without coding experience, and offers a variety of options to help you take your trading to the next level.
Coinrule was established in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the main features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders can place their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can select from. There are more than 150 rules to choose from that make it simple for both experienced and novice traders to find the best strategy for them. Additionally, traders can pause rules at any time, and receive daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another excellent aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategies based on historical market data using TradingView. They can select the coin they plan to trade and the time frame they want to use as well as the strategy for trading to see how many trades the strategy opened and closed, as well as its net profits, the percentage of profit, maximum drawdown, and profit percentage. This is a useful tool for increasing the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 through $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable instrument that can assist you in making the most out of your trading strategy.